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Oct. 29, 2020 - X22 Report
15:14
Episode 2315a - The Economic October Surprise Just Hit, Watch The Fireworks
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Hi and welcome.
You're listening to the X22 Report.
My name is Dave and this is episode 2315A and today's date is October 29th, 2020 and the title of the episode is The Economic October Surprise Just Hit.
Watch the fireworks.
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Let's get into the economic collapse financial news.
Now, we knew that Trump, he was going to play the economic October surprise card.
And we knew that he was waiting for the right moment to do this.
Now, on the other hand, we had the central bank, the corrupt politicians, the mainstream media, where they were pushing for the economy to collapse.
The market started to take a nosedive, what, seven days before the election.
And they were hoping they would be able to convince the people that the economy is not doing well.
This all failed because the GDP numbers came out just like we expected.
They were double digit.
And basically Trump just countered everything they tried to do.
We'll be talking about that in just a minute.
But what's very interesting is that the central banks around the world, they are not taking action right now because they're waiting to see what happens with the elections.
They don't want to make a decision because they're hoping that Trump doesn't win and they can continue with their plan to bring down the global economy and have the U.S. included in this.
And we have the European Central Bank and the IMF and others out there where they're saying, okay, we're just going to wait until December.
We want to see what happens with the elections.
We want to see what happens here.
So we're not going to do anything.
Remember, they want the U.S. for what?
The reset.
Without the U.S., it will be completely impossible because they need the world to be together on this.
All the different countries to convince the people that this is really happening.
If the U.S. is not part of it and the U.S. is doing very well with their economy and manufacturing is doing incredibly well, GDP numbers are moving up, unemployment is moving down, This is going to be a very hard sell for the central bankers because people will be looking at the United States saying, okay, this doesn't make sense.
The United States is doing very, very well.
They're not following the central bank policies.
They're following Trump's policies.
And maybe we should be doing the same exact thing.
Now we know the countries in Europe, they are hurting right now.
They are not doing well.
They're struggling.
The central bank is pushing for austerity.
And we can see the central bank, they are panicking because the only way they can do what they want to do with this great reset is to have Trump lose the election, have Biden step in, and then have Biden join back in with everything that they were doing now.
And this way they can push the reset.
At this point, they don't have that.
And that's why they're waiting.
And I think they're going to be waiting for a very long time because I don't think this is ever going to happen.
Because Trump, his administration, they're in complete control of all of this.
Actually, if you start looking at these economic sectors, all the different sectors, you are seeing V recoveries, pending home sales.
If you look at that right there, you could see that there's a huge V recovery.
If you look at new home sales, home prices, retail, now GDP of course, you see unemployment just coming down.
All of this is working in the favor of Trump.
Not the mainstream media, not the central banks.
He said this was going to happen.
That if we open everything up, we're going to see a lot of pent-up demand.
And we're going to see V recoveries.
Now, if they did exactly what he said to do and all the other states opened up, think about what the economy would be doing right now.
It would be roaring back like it was before the pandemic.
Trump knows this.
His administration knows this.
But what did we find out today?
We found out that unemployment claims, they have fallen to 751,000.
They beat expectations.
Now, this is the lowest since March, you know, the beginning of the pandemic.
And you can see that all these numbers are working in favor of Trump.
Actually, Trump tweeted this out.
Weekly jobless claims just hit a seven-month low, letting everyone know.
But what is the mainstream media doing?
Since these GDP numbers came out, what have they been pushing?
Well, they've been pushing doom and gloom.
This is from ABC and it looks like they all got the 4am talking points because most of the articles are pretty much the same.
GDP numbers show economy recovering from pandemic but expected to shrink for the year.
This is from NBC. GDP rose at 33.1% annualized rate last quarter but blowout figure is not what it seems.
And this is from CNN. U.S. economy grew a record 33.1% annual rate last quarter, but the pandemic remains an enormous threat.
And then we have Market Watch.
It says it feels like a classic October crash is on the way, strategist warns.
Now, look what they're doing here.
The economy in all the different sectors has bounced back.
And yes, there are states that are keeping everyone locked down.
If they open up their states and they let people go back to work, the economy would be roaring like we've never seen before.
And they know this.
Why do you think they're keeping the states locked down?
I mean, yes, there's other agendas associated with this, but one of them is because of the economy.
They know what would happen.
This GDP number of 33.1%, it'd be like 50% or maybe even higher.
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Now, what's very interesting is that Trump now is going to use this right up to the elections.
Now this is the October economic surprise because the market now has all of a sudden picked up and it's starting to move up again.
Remember it came down almost a thousand points and now it's starting to reverse.
He timed this perfectly.
We had the unemployment numbers come out at the same time and everyone sees an improvement.
Tomorrow we'll get more data which is going to show that the economy is doing even better.
Nothing can stop this.
And he knows this.
This was planned out.
He knew exactly how to maneuver through all of this.
And when you look at the GDP numbers and you look at the graph, what do we see forming?
A V. Another V. And we're going to see the market move up.
We're going to see precious metals move up.
We're going to start to see everything move up.
Now, when we look at these GDP numbers...
The GDP economic growth figure was double that forecast at the time and post-World War II record.
So this is the economic October surprise.
And yes, the other side, the mainstream media, they're worrying about this.
They're panicking that they've lost control of the economy.
And this is very important because...
Trump is showing the country, the world, the central banks, that first of all they don't have control.
Second of all he's in complete control.
Third of all he's able to take an economy.
That was down in the dumps where they were saying this is a recession.
This is a depression.
Economists were warning that we can't get out of this.
It'll be completely impossible.
They laughed at him when he said this is going to be a V-recovery because all the pent-up demand.
The economists, the financial pundits, they all came out and said that doesn't even make any sense because we're going to be locked down for years.
We're never going to get out of this pandemic.
It all turned out to be fake phony and false coming from the mainstream media, the corrupt politicians, the economists, and the financial pundits.
And Trump, he knows how to play in this central bank fake economy.
It's a controlled economy.
Why do you think he can make things look the way they look?
Why do you think before him they were able to make things look the way they look?
Because it's not an open and free economy.
Yes, the mainstream media, the financial opponents, the economists, yes, they're going to tell you it is.
But the truth is, it is not.
It is a completely controlled central bank system.
They control the interest rates.
They control the currency.
They control the market.
They manipulate the unemployment numbers.
And what did Trump do?
He took this all over.
He has the control.
He can make it do whatever he wants.
He can bring the market up.
He can bring it down.
Central banks have been doing this since 1913.
Now, he's taking control of it all.
And this is why they can't push the system into the ground.
They try.
They try to convince the people with these articles that come out where the economy is moving into a recession, depression.
This is the perfect month for a crash because they're trying to scare people.
They're trying to use fear to convince the people, well, sell off as much as he can.
Because the very wealthy is only 1%.
They can sell off just what they have.
Uh...
And once they're done, well, guess what happens?
Trump can just push it right back up.
They need the rest of the people to join in with this.
And this is what they tried to do during the pandemic.
And this is why they were predicting that it was going to come down to 7,000, 8,000 points, the market I'm talking about.
Because they're using this as a gauge to let everyone know how the economy is doing.
Which we know this isn't the truth, but Trump is using this as a weapon against them.
Because they used this weapon against us for many, many years.
Making us believe that the market...
It was the gauge of everything.
And they tried to push this down.
They tried to have people join in, but it didn't work.
And it's not going to work now.
They tried it once again.
Look at the articles that are coming out right now.
They're telling you that there's still problems, that we're not out of the woods.
We have strategists that are predicting a market collapse.
No.
When you control the entire system, And you have interest rates near zero.
And you have stimulus being pumped into the system.
The system just stays where it is.
Perfect example, look at Japan.
Look at the ECB. Why do you think the rates are negative or zero?
Why do you think they're still pushing stimulus?
Because it's called life support.
That's what that's called.
That's why the system hasn't crashed.
But the economy around the controlled market, the controlled interest rates, that economy, the people's economy in Europe and Asia, that economy is hurting.
This is why they're continually pushing austerity.
This is why it hurts the economy.
The austerity is to get more debt.
Austerity then hurts the people's economy.
Trump, he didn't follow along with the central bank plan.
He decided he was going to do the opposite.
And what was that?
Deregulation, tax holidays, placing tariffs on China, bringing back industry, bringing back manufacturing, and a lot more.
And this is why the people's economy, it's going to thrive.
He didn't do it just for the short run.
He's doing it for the long run.
That's the difference.
And this is the problem the central banks are going to have.
Because the United States, with this foundation that Trump is building, it's going to get better and better.
And this is why he mentioned in the fourth quarter, it's going to be absolutely incredible.
And the next year, it's just going to be something that we've never seen before.
because what he's done was he's created this foundation.
He's going to bring back more manufacturing.
He's going to beef up the economy even further.
He's going to pass the infrastructure bill, which is going to put millions upon millions of people back to work.
It's going to create new technology, new manufacturing, new everything.
And eventually, the United States is going to look so incredible and the rest of the world is going to look down in the dumps.
I do believe this is his plan.
To convince everyone that his way is a lot better than the central bank way.
And we can see that we are definitely moving in this direction.
And he's going to create a crisis with the central bank establishment.
Saying that they're no longer reliable.
Their currency is no longer reliable.
He has all this lined up already.
He's ready to go.
He's just waiting for after the election.
He's just waiting to put everything into motion.
Everything's been prepped and planned for four years now.
And that's what he's doing here.
Watch the fireworks.
Watch what happens next.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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